The US government sold $44 billion of seven-year debt on July 28, and buyers accepted it at a yield of 4.473%. That was 21.3 basis points above the 4.260% yield awarded at June’s Treasury auction.
Institutional focus on Bitcoin over altcoins may limit diversification opportunities, potentially stifling innovation and growth in smaller tokens.
August 1, 2026, 2:24 pmBitcoin's underperformance against the dollar highlights the challenges for risk assets in a strong dollar environment, prompting portfolio reassessments.
August 1, 2026, 2:23 pm
Bitcoin enters the weekend near $62,900, less than 1% above the July 31 intraday low, and Deribit has already settled roughly $9.6 billion in monthly Bitcoin options. The venue settles monthly contracts at 08:00 UTC on the last Friday of each month, and live expiry data placed July’s Bitcoin notional near $9.7 billion.
Social media chatter about leading cryptocurrency, Bitcoin, has plunged to the most negative depths on record in the immediate aftermath of the Coldcard hardware wallets exploit that drained an estimated 1,082 BTC, worth roughly $70 million, from affected users.
Takata's 1.25% bid failed, while decision-day derivatives showed no active leverage break despite the measurable squeeze setup.
Bloomberg Intelligence estimates the average net cost basis of US spot Bitcoin ETF capital at roughly $82,249, leaving the position about 22% underwater and sitting on $16.33 billion in unrealized losses. On Aug.
Bitcoin's diminished role as a payment method shifts focus to stablecoins and AI, prompting strategic pivots in mining and investment strategies.
Bitcoin fell near $63,000 as the US bought yen for the first time since 1998, reviving carry trade unwind risk.
Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window, expanding the estimated scope of the Coldcard wallet incident.
Texas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around 5 p.m. on July 22, one day after demand hit 87,403 megawatts and erased the 85,508-megawatt mark that had stood since Aug. 10, 2023.
Coinbase told investors on Thursday that 88% of its second-quarter net revenue came from something other than Bitcoin spot trading. The same release reported a $359.5 million net loss under US accounting rules, the company's third consecutive losing quarter. Both numbers describe the same three months.
$62,897.00 +0.70%
$1.26T Market Cap
$15.39B Total Volume (1.22%)
$126,080 All Time High -50.11%
until new daily candle
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